Australia’s Hour
RESPONSE TO LOAN CONVERSION APPEAL. RESULTS ARE ENCOURAGING MELBOURNE, Aug. 12. The Prime Minister, Mr Scullin, in a broadcast appeal to bondholders asking them to convert, said: This is Australia’s hour. The time and opportunity have arrived for the people of the Commonwealth to show their faith in thiir country by responding to the nation wide appeal by the Governments for the conversion of Australia’s huge international indebtedness into stock carrying lower rates of interest.” Already £150,000,000 out of the £556,000,000 have been converted.
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Bibliographic details
Manawatu Times, Volume LIV, Issue 6626, 13 August 1931, Page 7
Word Count
86Australia’s Hour Manawatu Times, Volume LIV, Issue 6626, 13 August 1931, Page 7
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